Consumption, "Credit Crunches" and Financial Deregulation

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Consumption, "Credit Crunches" and Financial Deregulation

Author Info

Scott, A.

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Andrew Scott

Abstract

We examine whether credit contributes to business cycle fluctuations by dirctly affecting consumption rather than through the new well understood investment channel.

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Paper provided by University of Oxford, Department of Economics in its series Economics Series Working Papers with number 99181.

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Length: 29 pages
Date of creation: 1996
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Handle: RePEc:oxf:wpaper:99181

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Paper
- Scott, Andrew, 1996. "Consumption, 'Credit Crunches' and Financial Deregulation," CEPR Discussion Papers 1389, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)

Find related papers by JEL classification:
D90 - Microeconomics - - Intertemporal Choice and Growth - - - General
D91 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Consumer Choice; Life Cycle Models and Saving

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

Emilio Fernandez-Corugedo & John Muellbauer, . "Consumer credit conditions in the United Kingdom," Bank of England working papers 314, Bank of England. [Downloadable!]
Emilio Fernandez-Corugedo & Simon Price, . "Financial liberalisation and consumers' expenditure: 'FLIB' re-examined," Bank of England working papers 157, Bank of England. [Downloadable!]
John Muellbauer & Emilio Fernandez-Corugedo, 2004. "Consumer credit conditions in the UK," Money Macro and Finance (MMF) Research Group Conference 2003 70, Money Macro and Finance Research Group. [Downloadable!]
Emilio Fernandez-Corugedo, . "Soft liquidity constraints and precautionary saving," Bank of England working papers 158, Bank of England. [Downloadable!]

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